July 30, 2021 - NCUA Issues Prohibition Orders - he National Credit Union Administration issued two prohibition orders in July. www.ncua.gov/newsroom/press-release/2021/ncua-issues-prohibition-orders

July 30, 2021 - FDIC Makes Public June Enforcement Actions - The Federal Deposit Insurance Corporation today released a list of orders of administrative enforcement actions taken against banks and individuals in June. www.fdic.gov/news/press-releases/2021/pr21068.html

July 30, 2021 - Enhanced Prudential Standards - Staff of the Board of Governors of the Federal Reserve System has developed the following Frequently Asked Questions to assist entities in complying with the Depository Institution Management Interlocks Act (Interlocks Act) (12 U.S.C. §§ 3201 et seq. and the Board's Interlocks Rule (12 CFR 212; 238.91-.99). www.federalreserve.gov/supervisionreg/legalinterpretations/reg-yy-frequently-asked-questions.htm

July 30, 2021 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

July 30, 2021 - Seasonal Factors for Motor Vehicle Sales - G.17 - The Federal Reserve also publishes some industrial data that are not part of the G.17 release: www.federalreserve.gov/releases/g17/other_data.htm

July 30, 2021 - How Resilient Is Mortgage Credit Supply? Evidence from the COVID-19 Pandemic - Andreas Fuster, Aurel Hizmo, Lauren Lambie-Hanson, James Vickery, Paul Willen - Although the mortgage market experienced a historic boom in 2020, we show there was also a large and sustained increase in intermediation markups that limited the pass-through of lowrates to borrowers. www.federalreserve.gov/econres/feds/how-resilient-is-mortgage-credit-supply-evidence-from-the-covid-19-pandemic.htm

July 30, 2021 - The Long-Lived Cyclicality of the Labor Force Participation Rate - Tomaz Cajner, John Coglianese, and Joshua Montes - How cyclical is the U.S. labor force participation rate?  www.federalreserve.gov/econres/feds/the-long-lived-cyclicality-of-the-labor-force-participation-rate.htm  

July 30, 2021 - The Factor Structure of Disagreement - Edward Herbst and Fabian Winkler - We estimate a Bayesian three-dimensional dynamic factor model on the individual forecasts in the Survey of Professional Forecasters. www.federalreserve.gov/econres/feds/the-factor-structure-of-disagreement.htm

July 30, 2021 - A New Look at the Effects of the Interest Rate Ceiling in Arkansas - Gregory Elliehausen, Simona M. Hannon, Thomas W. Miller, Jr. - Arkansas has been a popular place to study the effects of rate ceilings because of its exceptionally low interest rate ceiling. www.federalreserve.gov/econres/feds/a-new-look-at-the-effects-of-the-interest-rate-ceiling-in-arkansas.htm

July 30, 2021 - What's Wrong with Annuity Markets? - Stéphane Verani and Pei Cheng Yu - We show that the supply of life annuities in the U.S. is constrained by interest rate risk. We identify this effect using annuity prices offered by U.S. life insurers from 1989 to 2019 and exogenous variations in contract-level regulatory capital requirements. www.federalreserve.gov/econres/feds/whats-wrong-with-annuity-markets.htm

July 30, 2021 - Federal Reserve Board announces that it is seeking individuals to serve on its Insurance Policy Advisory Committee - The Federal Reserve Board on Friday announced that is seeking individuals with a diverse set of expert insurance perspectives in life, property and casualty, and reinsurance issues to serve on its Insurance Policy Advisory Committee, or IPAC. www.federalreserve.gov/newsevents/pressreleases/other20210730a.htm

July 29, 2021 - Revised Special Post-Employment Restriction for Senior Examiners and Work Paper Reviews for Departing Examiners - This letter applies to: (1) examiners who have served as a safety and soundness or consumer affairs senior examiner for a depository institution or depository institution holding company for two or more months during the examiner’s final twelve months of employment with a Reserve Bank, and (2) any examiner or Reserve Bank supervision staff who accepts employment with a depository institution or depository institution holding company that they examined in the twelve months prior to their departure from the Reserve Bank. www.federalreserve.gov/supervisionreg/srletters/SR2113.htm
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July 29, 2021 - Report to the Congress - Annual Report 2020 - This report covers the calendar-year operations and activities carried out by the Board in its five key functional areas: (1) monetary policy, (2) financial stability, (3) supervision and regulation, (4) payment system and Reserve Bank oversight, and (5) consumer and community affairs. www.federalreserve.gov/publications/annual-report.htm

July 29, 2021 - Answers to Frequently Asked Questions on the Transition Away from London Interbank Offered Rate - This letter announces the initial set of FAQs on this topic, which are included in the attachment to this letter. Press Release: www.federalreserve.gov/supervisionreg/srletters/sr2112.htm
Press Release: www.fdic.gov/news/financial-institution-letters/2021/fil21054.html
Press Release: www.occ.treas.gov/news-issuances/bulletins/2021/bulletin-2021-32.html

July 28, 2021 - St. Louis Fed Releases the Bank On National Data Hub Findings from 2019 - Bank On National Data Hub: Findings from 2019 analyzes data from 10 financial institutions related to account openings, usage and consistency, and online access. www.stlouisfed.org/news-releases/2021/06/28/st-louis-fed-releases-the-bank-on-national-data-hub-findings-from-2019

July 28, 2021 - Notice of a Meeting under Expedited Procedures - A closed meeting of the Board of Governors of the Federal Reserve System was held at 9:00 a.m. on July 27, 2021 and continued at 9:00 a.m. on July 28, 2021. Matter(s) considered: Discussion of Monetary Policy Issues. www.federalreserve.gov/aboutthefed/boardmeetings/20210727closed.htm

July 28, 2021 - Statement Regarding Repurchase Agreement Arrangements - The Federal Open Market Committee on Wednesday announced the establishment of two standing repurchase agreement facilities—a domestic standing repo facility and a repo facility for foreign and international monetary authorities. www.federalreserve.gov/newsevents/pressreleases/monetary20210728b.htm

July 28, 2021 - Federal Reserve issues FOMC statement - The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. www.federalreserve.gov/newsevents/pressreleases/monetary20210728a.htm

July 27, 2021 - OCC Announces Climate Change Risk Officer, Membership in the NGFS - The Office of the Comptroller of the Currency today announced the appointment of Darrin Benhart as its Climate Change Risk Officer and its membership in the Network of Central Banks and Supervisors for Greening the Financial System.  www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-78.html

July 26, 2021 - Tenth District Services Activity Rose at a Faster Pace: Federal Reserve Bank of Kansas City Releases July Services Survey - Indexes for input prices and selling prices continued increase from a month ago and a year ago, but slower than the record pace in recent months. www.kansascityfed.org/surveys/services-survey/tenth-district-services-activity-rose-at-a-faster-pace/

July 26, 2021 - Proposed Revisions to the Consolidated Reports of Condition and Income Related to Deferred Taxes and the Standardized Approach for Counterparty Credit Risk. www.fdic.gov/news/financial-institution-letters/2021/fil21053.html

July 23, 2021 - Regulatory Relief: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Michigan Affected by Severe Storms, Flooding, and Tornadoes.   www.fdic.gov/news/financial-institution-letters/2021/fil21052.html

July 23, 2021 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update.  www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

July 22, 2021 - Tenth District Manufacturing Activity Increased Further - Tenth District manufacturing activity increased further, with solid expectations for future activity over the next six months. www.kansascityfed.org/surveys/manufacturing-survey/tenth-district-manufacturing-activity-increased-further/

July 22, 2021 - NCUA Board Proposes Complex Credit Union Leverage Ratio - Through a live webcast, the National Credit Union Administration Board held its seventh open meeting of 2021 and unanimously approved: www.ncua.gov/newsroom/press-release/2021/ncua-board-proposes-complex-credit-union-leverage-ratio

July 22, 2021 - Public can take steps to improve coin circulation - Returning dormant currency can alleviate disruption in coin circulation.  www.kansascityfed.org/ten/public-can-take-steps-to-improve-coin-circulation/

July 22, 2021 - July 22, 2021 - NCUA Board Member Rodney E. Hood Statement on the Notice of Proposed Rulemaking on the Complex Credit Union Leverage Ratio.  www.ncua.gov/newsroom/speech/2021/ncua-board-member-rodney-e-hood-statement-notice-proposed-rulemaking-complex-credit-union-leverage

July 22, 2021 - Vice Chairman Kyle S. Hauptman Statement on the Notice of Proposed Rulemaking, Complex Credit Union Leverage Ratio. www.ncua.gov/newsroom/speech/2021/vice-chairman-kyle-s-hauptman-statement-notice-proposed-rulemaking-complex-credit-union-leverage

July 22, 2021 - Vice Chairman Kyle S. Hauptman Statement on the Request for Information on Digital Assets and Related Technology.  www.ncua.gov/newsroom/speech/2021/vice-chairman-kyle-s-hauptman-statement-request-information-digital-assets-and-related-technology

July 22, 2021 - NCUA Board Member Rodney E. Hood Statement on the Request for Information and Comment on Digital Assets and Related Technologies.  www.ncua.gov/newsroom/speech/2021/ncua-board-member-rodney-e-hood-statement-request-information-and-comment-digital-assets-and-related
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July 22, 2021 - Tenth District Manufacturing Activity Increased Further - Tenth District manufacturing activity increased further, with solid expectations for future activity over the next six months. www.kansascityfed.org/surveys/manufacturing-survey/tenth-district-manufacturing-activity-increased-further/

July 22, 2021 - Federal Reserve Board issues enforcement action with Texico Bancshares Corporation and Texico State Bank.   www.federalreserve.gov/newsevents/pressreleases/enforcement20210722a.htm

July 22, 2021 - NCUA Chairman Todd M. Harper Statement on the Proposed Complex Credit Union Leverage Ratio and Amendments to the 2015 Risk-Based Capital Rule.   www.ncua.gov/newsroom/speech/2021/ncua-chairman-todd-m-harper-statement-proposed-complex-credit-union-leverage-ratio-and-amendments

July 22, 2021 - NCUA Chairman Todd M. Harper Statement on the Request for Information on Digital Assets.  www.ncua.gov/newsroom/speech/2021/ncua-chairman-todd-m-harper-statement-request-information-digital-assets

July 21, 2021 - Interagency Statement on Community Reinvestment Act Joint Agency Action - The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency are committed to working together to jointly strengthen and modernize regulations implementing the Community Reinvestment Act. www.occ.gov/news-issuances/news-releases/2021/nr-ia-2021-77.html

July 20, 2021 - OCC Statement on Rescinding its 2020 Community Reinvestment Act Rule - The Office of the Comptroller of the Currency today announced it will propose rescinding the Community Reinvestment Act rule issued in May 2020 and is committed to working with the Federal Reserve and the Federal Deposit Insurance Corporation to put forward a joint rulemaking that strengthens and modernizes the CRA. www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-76.html

July 20, 2021 - Detroit�s Fiscal Challenges and Opportunities Now and Post-Pandemic - By Caroline Beetz Fenske - The Chicago Fed�s virtual event, �Charting Detroit�s Fiscal Future: Challenges and Opportunities,� held on July 14, 2021, is the latest in a series of Project Hometown events aimed at identifying obstacles facing communities in the Seventh District during the pandemic. www.chicagofed.org/publications/blogs/chicago-fed-insights/2021/detroits-challenges-and-opportunities

July 20, 2021 - Notice of Proposed Rulemaking on Simplification of Deposit Insurance Rules for Trust and Mortgage Servicing Accounts - The changes are intended to make the deposit insurance rules easier to understand for depositors and bankers, facilitate more timely insurance determinations for trust accounts in the event of a bank failure, and enhance consistency of insurance coverage for mortgage servicing account deposits. www.fdic.gov/news/financial-institution-letters/2021/fil21051.html

July 20, 2021 - FDIC Issues Proposed Rule Regarding Deposit Insurance Simplification - The Federal Deposit Insurance Corporation today issued a proposed rule to simplify aspects of the agency�s deposit insurance coverage rules. www.fdic.gov/news/press-releases/2021/pr21066.html

July 19, 2021 - Agencies release public sections of resolution plans for eight large banks - The Federal Reserve Board and the Federal Deposit Insurance Corporation today released the public sections of eight large domestic firms' resolution plans, which are required by the Dodd-Frank Act and commonly known as living wills.
Press Release: www.federalreserve.gov/newsevents/pressreleases/bcreg20210719a.htm
Press Release: www.fdic.gov/news/press-releases/2021/pr21065.html

July 19, 2021 - Third-Party Relationships: Notice and Request for Comment on Proposed Interagency Guidance - The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation are seeking comment from interested parties on a notice of �Proposed Interagency Guidance on Third-Party Relationships: Risk Management,� which was published in the Federal Register on July 19, 2021. www.occ.treas.gov/news-issuances/bulletins/2021/bulletin-2021-31.html

July 16, 2021 - FDIC Minority Depository Institutions Subcommittee to Meet - The Federal Deposit Insurance Corporation today announced the agency's Minority Depository Institutions Subcommittee to the Advisory Committee on Community Banking will hold an open meeting at 1 p.m. EDT on Wednesday, July 21, 2021. www.fdic.gov/news/press-releases/2021/pr21064.html

July 16, 2021 - Annual Report on Promoting Minority Depository Institutions - This annual report to Congress details the actions taken to fulfill requirements outlined in section 308 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended by the Dodd-Frank Act. www.federalreserve.gov/publications/preserving-minority-depository-institutions.htm

July 16, 2021 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update.  www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

July 15, 2021 - Does the Age at Which a Consumer Gets Their First Credit Matter? Credit Bureau Entry Age and First Credit Type Effects on Credit Score - Lucas Nathe - The consumer credit market plays a prominent role in the financial life of U.S. households. Consumers' credit histories and, in particular, their credit scores are key factors that determine their access to credit and the price at which they borrow. www.federalreserve.gov/econres/notes/feds-notes/does-the-age-at-which-a-consumer-gets-their-first-credit-matter-20210715.htm

July 15, 2021 - OCC Marks the First Anniversary of Project Reach - Acting Comptroller of the Currency Michael J. Hsu today marked the first anniversary of Project REACh by hosting participants to celebrate the project�s accomplishments and to challenge them to set their sights even higher over the next two years. www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-75.html
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July 15, 2021 - Are Long-run Inflation Expectations Well Anchored? By Gadi Barlevy , Jonas D. M. Fisher , May Tysinger - Many observers, including most Federal Open Market Committee participants in the June 16, 2021, Summary of Economic Projections, anticipate that the recent run-up in inflation in the United States will prove to be temporary, and annual inflation will be near the Fed�s target of 2% in 2022 and 2023. www.chicagofed.org/publications/chicago-fed-letter/2021/458 

July 15, 2021 - Moderated Q&A: Thirteenth Annual Rocky Mountain Economic Summit - Charles Evans, President and CEO of the Federal Reserve Bank of Chicago, will participate virtually in a moderated discussion during the Thirteenth Annual Rocky Mountain Economic Summit on Thursday, July 15 at 10 a.m. CT. www.chicagofed.org/publications/speeches/2021/july-15-gic

July 15, 2021 - FDIC Announces Meeting of the Advisory Committee on Community Banking - The Federal Deposit Insurance Corporation today announced the agency�s Advisory Committee on Community Banking will meet on Thursday, July 22nd to discuss local banking conditions as well as the work of the Minority Depository Institutions Subcommittee. www.fdic.gov/news/press-releases/2021/pr21063.html

July 15, 2021 - Does the Age at Which a Consumer Gets Their First Credit Matter? Credit Bureau Entry Age and First Credit Type Effects on Credit Score - Lucas Nathe - The consumer credit market plays a prominent role in the financial life of U.S. households. www.federalreserve.gov/econres/notes/feds-notes/does-the-age-at-which-a-consumer-gets-their-first-credit-matter-20210715.htm

July 15, 2021 - Report to the Congress on the Profitability of Credit Card Operations of Depository Institutions, July 2021 - Analyzes the profitability over time of depository institutions' credit card activities by examining the performance of larger institutions that specialize in such activities and of a sample of smaller commercial banks that offer a range of credit services. www.federalreserve.gov/publications/credit-card-profitability.htm

July 15, 2021 - Dealer Inventory Constraints in the Corporate Bond Market during the COVID Crisis - Craig A. Chikis and Jonathan Goldberg - Beginning in late February 2020, market liquidity for corporate bonds dried up and corporate bond credit spreads soared amid broad financial market dislocations related to the COVID-19 pandemic. www.federalreserve.gov/econres/notes/feds-notes/dealer-inventory-constraints-in-the-corporate-bond-market-during-the-covid-crisis-20210715.htm

July 15, 2021 - Un-used Bank Capital Buffers and Credit Supply Shocks at SMEs during the Pandemic - Jose M. Berrospide, Arun Gupta, Matthew P. Seay - Did banks curb lending to creditworthy small and mid-sized enterprises during the COVID-19 pandemic? www.federalreserve.gov/econres/feds/un-used-bank-capital-buffers-credit-supply-shocks-at-SMEs-during-the-pandemic.htm

July 15, 2021 - Impulse-Based Computation of Policy Counterfactuals - James Hebden and Fabian Winkler - We propose an efficient procedure to solve for policy counterfactuals in linear models with occasionally binding constraints. www.federalreserve.gov/econres/feds/impulse-based-computation-of-policy-counterfactuals.htm

July 15, 2021 - U.S. Monetary Policy Spillovers to Emerging Markets: Both Shocks and Vulnerabilities Matter - Shaghil Ahmed, Ozge Akinci, Albert Queralto - Using a macroeconomic model, we explore how sources of shocks and vulnerabilities matter for the transmission of U.S. monetary changes to emerging market economies. www.federalreserve.gov/econres/ifdp/us-monetary-policy-spillovers-to-emerging-markets-both-shocks-and-vulnerabilities-matter.htm

July 15, 2021 - Advanced Notice of a Meeting under Expedited Procedures - A closed meeting of the Board of Governors of the Federal Reserve System will be held under expedited procedures at 11:30 a.m. on July 19, 2021. Matter(s) considered: Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks. www.federalreserve.gov/recentpostings.htm

July 15, 2021 - Statistical Release - Industrial Production and Capacity Utilization - G.17 - Industrial production increased 0.4 percent in June after moving up 0.7 percent in May. www.federalreserve.gov/releases/g17/current/default.htm

July 14, 2021 - Advance Child Tax Credit Payments: Increasing Support for Families with Children By Nathan Anderson - On July 15, roughly 39 million families with children will begin receiving monthly payments from the expanded Child Tax, Credit which will continue through December of this year. www.chicagofed.org/publications/blogs/cdps/2021/advance-child-tax-credit-payments

July 14, 2021 - Joint Release/FDIC and CFPB Release Enhanced Version of Money Smart for Older Adults - he Federal Deposit Insurance Corporation and the Consumer Financial Protection Bureau today announced the joint release of an enhanced version of the award-winning financial education curriculum, Money Smart for Older Adults. www.fdic.gov/news/press-releases/2021/pr21062.html

July 14, 2021 - Beige Book - Informal review by the Federal Reserve Banks of current economic conditions in their Districts. www.federalreserve.gov/monetarypolicy/beige-book-default.htm

July 14, 2021 - Testimony by Chair Jerome H. Powell - Semiannual Monetary Policy Report to the Congress has Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. www.federalreserve.gov/newsevents/testimony/powell20210714a.htm

July 13, 2021 - Reports to Congress Pursuant to Section 13(3) of the Federal Reserve Act in response to COVID-19. https://www.federalreserve.gov/publications/reports-to-congress-in-response-to-covid-19.htm

July 13, 2021 - Agencies request comment on proposed risk management guidance for third-party relationships - The federal bank regulatory agencies today requested public comment on proposed guidance designed to help banking organizations manage risks associated with third-party relationships, including relationships with financial technology-focused entities.
Press Release: www.federalreserve.gov/newsevents/pressreleases/bcreg20210713a.htm
Press Release: www.fdic.gov/news/press-releases/2021/pr21061.html
Press Release: www.occ.gov/news-issuances/news-releases/2021/nr-ia-2021-74.html
Press Release: www.occ.treas.gov/news-issuances/news-releases/2021/nr-ia-2021-74.html

July 13, 2021 - Minutes of the Board's discount rate meetings from May 17 through June 16, 2021. www.federalreserve.gov/newsevents/pressreleases/monetary20210713a.htm

July 12, 2021 - Introducing CARTS: A New Index Tracking National Retail Spending By Scott A. Brave, Ross Cole, Michael Fogarty, Ezra Karger, Liam Puknys - During the early days of the Covid-19 pandemic in the U.S., the speed with which economic activity responded to the spread of the virus and the public policy responses that followed laid bare the need for both accurate and timely measures of consumer spending. www.chicagofed.org/publications/blogs/chicago-fed-insights/2021/introducing-carts

July 12, 2021 - Federal Reserve Board announces approval of application by First Bank Corp.- The Federal Reserve Board on Monday announced its approval of the application by First Bank Corp. of Fort Smith, Arkansas, to acquire Central Bancshares of Poteau, Inc., and indirectly acquire The Central National Bank of Poteau, both of Poteau, Oklahoma. www.federalreserve.gov/newsevents/pressreleases/orders20210712a.htm

July 11, 2021 - Speech by Vice Chair for Supervision Quarles on the Financial Stability Board and climate change At the Venice International Conference on Climate Change, Venice, Italy.   www.federalreserve.gov/newsevents/speech/quarles20210711a.htm

July 9, 2021 - Tenth District Energy Activity Increased Steadily: Second Quarter Energy Survey Results - According to Chad Wilkerson, Oklahoma City Branch executive and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District energy activity continued to increase steadily, with revenues and profits rising at a faster pace. www.kansascityfed.org/newsroom/2021-news-releases/tenth-district-energy-activity-increased-steadily/

July 9, 2021 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update,. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

July 9, 2021 - Reports to the Congress - Monetary Policy Report, July 2021 - The Federal Reserve Act requires the Federal Reserve Board to submit written reports to Congress containing discussions of "the conduct of monetary policy and economic developments and prospects for the future. www.federalreserve.gov/monetarypolicy/mpr_default.htm

July 8, 2021 - Fiscal Relief during the COVID-19 Pandemic - The fiscal policy response to the pandemic aided sectors of the economy most in need of funds, but the long-term effects of these programs remain to be seen. www.kansascityfed.org/research/economic-review/fiscal-relief-during-the-covid-19-pandemic/

July 8, 2021 - The KC Fed LMCI Suggests the Level of Activity Continued to Increase in June - The KC Fed LMCI suggests the level of activity continued to increase in June while momentum decelerated moderately. www.kansascityfed.org/data-and-trends/lmci/current-release/

July 8, 2021 - Statistical Release - Consumer Credit - G.19 - In May, consumer credit increased at a seasonally adjusted annual rate of 10 percent. Revolving credit increased at an annual rate of 11.4 percent, while nonrevolving credit increased at an annual rate of 9.5 percent. www.federalreserve.gov/releases/g19/current/default.htm ________________________

July 7, 2021 - Digital, Financial, and Health Insurance Exclusion Experienced by Low-Income Households - Many low-income households are excluded from essential services such as home internet access, bank accounts, and health insurance coverage. www.kansascityfed.org/research/payments-system-research-briefings/digital-financial-and-health-insurance-exclusion-experienced-by-low-income-households/

July 7, 2021 - Consolidated Reports of Condition and Income for Second Quarter 2021 - The attached materials pertain to the Consolidated Reports of Condition and Income for the June 30, 2021, report date. www.fdic.gov/news/financial-institution-letters/2021/fil21049.html

July 7, 2021 - Household Debt Service and Financial Obligations Ratios - Household debt service payments and financial obligations as a percentage of disposable personal income; seasonally adjusted.  www.federalreserve.gov/releases/housedebt/default.htm

July 7, 2021 - Minutes of the Federal Open Market Committee, June 15-16, 2021.  www.federalreserve.gov/newsevents/pressreleases/monetary20210707a.htm

July 6, 2021 - NCUA Charters Community First Fund Federal Credit Union - The National Credit Union Administration has granted a federal charter and National Credit Union Share Insurance Fund coverage to Community First Fund Federal Credit Union in Lancaster, Pennsylvania. www.ncua.gov/newsroom/press-release/2021/ncua-charters-community-first-fund-federal-credit-union

July 6, 2021 - OCC Announces Organizational Changes - The Office of the Comptroller of the Currency today announced structural changes intended to enhance the agency�s efficiency and effectiveness. www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-73.html

July 6, 2021 - Updates to Public Information on Brokered Deposits - The Federal Deposit Insurance Corporation has updated the resources available on the FDIC�s Banker Resource Center Brokered Deposits. www.fdic.gov/news/financial-institution-letters/2021/fil21048.html

July 6, 2021 - FDITECH Opens Registration for Tech Sprint to Reach the Unbanked - The Federal Deposit Insurance Corporation today opened the registration period to participate in a Tech Sprint designed to explore new technologies and techniques that would help expand the capabilities of banks to meet the needs of the unbanked. www.fdic.gov/news/press-releases/2021/pr21060.html

July 6, 2021 - Bank Holding Company Act, June 16, 2021 - Letter granting the request by Barclays Bank plc, London, England, for an extension of time until January 1, 2022, to comply with the Board�s single-counterparty credit limit rule�s requirements applicable to its combined U.S. operations. www.federalreserve.gov/supervisionreg/legalinterpretations/bhc_changeincontrol20210616a.pdf

July 6, 2021 - Communications with the public through July 6, 2021 - The Federal Reserve Board will be involved in many rulemakings to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. www.federalreserve.gov/regreform/communications-with-public.htm

July 2, 2021 - OCC Releases CRA Evaluations for 16 National Banks and Federal Savings Associations - The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act performance evaluations that became public during the period of June 1, 2021 through June 30, 2021. www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-72.html

July 2, 2021 - FDIC Issues List of Banks Examined for CRA Compliance - The list covers evaluation ratings that the FDIC assigned to institutions in April 2021. www.fdic.gov/news/press-releases/2021/pr21059.html

July 2, 2021 - Wh y Have Initial Unemployment Claims Stayed So High for So Long? - Brendan M. Price - As the labor market recovers from the COVID-19 pandemic, claims for unemployment insurance have been surprisingly slow to return to conventional levels. www.federalreserve.gov/econres/notes/feds-notes/why-have-initial-unemployment-claims-stayed-so-high-for-so-long-20120702.htm

July 2, 2021 - Chair Powell's calendar, May 2021.  www.federalreserve.gov/foia/chair-powell-calendar-052021.htm

July 2, 2021 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

July 1, 2021 - A First Look at the Employment Response by Industry to Covid-19 Vaccine Take-Up By Scott A. Brave, Stephanie Grove - In this Chicago Fed Insights blog post, we take a first look at the relationship between industry employment and Covid-19 vaccine take-up. www.chicagofed.org/publications/blogs/chicago-fed-insights/2021/industry-employment-and-covid-vaccination

July 1, 2021 - NCUA - Defense Logistics Closes; PenFed Assumes Loans, Assets, Shares - he National Credit Union Administration today liquidated Defense Logistics Federal Credit Union in Dover, New Jersey. www.ncua.gov/newsroom/press-release/2021/defense-logistics-closes-penfed-assumes-loans-assets-shares

July 1, 2021 - NCUA Issues Prohibition Notice and Orders - he National Credit Union Administration issued one prohibition notice and two prohibition orders in June. www.ncua.gov/newsroom/press-release/2021/ncua-issues-prohibition-notice-and-orders

July 1, 2021 - Federal Reserve announces it will soon release new tool to help community banks implement Current Expected Credit Losses accounting standard. www.federalreserve.gov/newsevents/pressreleases/bcreg20210701a.htm

July 1, 2021 - Federal Reserve Board issues enforcement action with First Vision Bank.  www.federalreserve.gov/newsevents/pressreleases/enforcement20210701a.htm
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July 1, 2021 - Brave-Butters-Kelley Indexes - The BBK Coincident and Leading Indexes and Monthly GDP Growth for the U.S. are constructed from a collapsed dynamic factor analysis of a panel of 500 monthly measures of real economic activity and quarterly real GDP growth. www.chicagofed.org/publications/bbki/index

July 1, 2021 - Financial Accounting Manual for Federal Reserve Banks.  www.federalreserve.gov/aboutthefed/files/BSTfinaccountingmanual.pdf

July 1, 2021 - Federal Reserve announces it will soon release new tool to help community banks implement Current Expected Credit Losses accounting standard - Known as the Scaled CECL Allowance for Losses Estimator or "SCALE," the spreadsheet-based tool draws on publicly available regulatory and industry data to aid community banks with assets of less than $1 billion in calculating their CECL allowances. www.federalreserve.gov/newsevents/pressreleases/bcreg20210701a.htm

July 1, 2021 - NCUA - Defense Logistics Closes; PenFed Assumes Loans, Assets, Shares - PenFed is a federally chartered credit union with 2.2 million members and assets of more than $27 billion, according to the credit union's most recent Call Report. www.ncua.gov/newsroom/press-release/2021/defense-logistics-closes-penfed-assumes-loans-assets-shares